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Maxangelos
2022-07-21

Exactly

Palantir Shares Climbed 4% in Morning Trading

Palantir shares climbed 4% in morning tradingasRaymond James initiated Palantir as strong buy.Raymond James analyst Brian Gesuale initiated coverage of Palantir Technologies with a Strong Buy rating and $20 price target.The company's software platform unifies, manages, and secures data across the enterprise, supporting low code/no code environment that connects business functions to operators, Gesuale tells investors in a research note. After falling 75% from its early 2021 peak, the stock's ris

Palantir Shares Climbed 4% in Morning Trading

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After falling 75% from its early 2021 peak, the stock's ris","content":"<html><head></head><body><p>Palantir shares climbed 4% in morning trading as Raymond James initiated Palantir as strong buy.</p><p><img src=\"https://static.tigerbbs.com/5eaa1ae817e73b807056ba7f0a5c25ce\" tg-width=\"856\" tg-height=\"622\" width=\"100%\" height=\"auto\"/></p><p>Raymond James analyst Brian Gesuale initiated coverage of Palantir Technologies with a Strong Buy rating and $20 price target.</p><p>The company&#39;s software platform unifies, manages, and secures data across the enterprise, supporting low code/no code environment that connects business functions to operators, Gesuale tells investors in a research note. After falling 75% from its early 2021 peak, the stock&#39;s risk/reward is &#34;compelling&#34; for a software business with a 30% growth rate, gross margin structure in the 80% range with escalating contribution margins, and a balanced commercial and government customer mix, says the analyst. 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After falling 75% from its early 2021 peak, the stock&#39;s risk/reward is &#34;compelling&#34; for a software business with a 30% growth rate, gross margin structure in the 80% range with escalating contribution margins, and a balanced commercial and government customer mix, says the analyst. 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After falling 75% from its early 2021 peak, the stock's risk/reward is \"compelling\" for a software business with a 30% growth rate, gross margin structure in the 80% range with escalating contribution margins, and a balanced commercial and government customer mix, says the analyst. Gesuale says Palantir has a $120B total addressable market, equally split between commercial and government markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":383,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}